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Simple Non Disclosure Agreement Template for Malaysia

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Key Requirements PROMPT example:

Simple Non Disclosure Agreement

"I need a Simple Non-Disclosure Agreement between my Malaysian tech startup and a potential investor from Singapore, protecting our proprietary software technology and business plans during investment discussions planned for March 2025."

Document background
The Simple Non-Disclosure Agreement serves as a fundamental legal instrument for businesses and individuals operating under Malaysian law who need to protect confidential information during business discussions, negotiations, or collaborations. This document is particularly relevant when parties are exploring potential business relationships, conducting due diligence, or engaging in preliminary discussions where sensitive information needs to be shared. It incorporates essential elements required under Malaysian contract law, including the Contracts Act 1950 and common law principles protecting confidential information. The agreement is structured to be straightforward yet comprehensive, making it suitable for both domestic and international business relationships while ensuring compliance with Malaysian legal requirements and business practices.
Suggested Sections

1. Parties: Identification of the disclosing and receiving parties, including full legal names, registration numbers (if companies), and registered addresses

2. Background: Brief context of why the NDA is being entered into and the relationship between the parties

3. Definitions: Key terms including 'Confidential Information', 'Permitted Purpose', 'Representatives', and other relevant defined terms

4. Scope of Confidential Information: Detailed description of what constitutes confidential information under the agreement

5. Obligations of Confidentiality: Core confidentiality obligations, including use restrictions and standard of care

6. Permitted Disclosures: Circumstances under which confidential information may be disclosed, including to representatives and as required by law

7. Term and Survival: Duration of the agreement and which obligations survive termination

8. Return or Destruction of Confidential Information: Requirements for handling confidential information upon termination or request

9. Remedies: Available remedies in case of breach, including injunctive relief

10. General Provisions: Standard boilerplate clauses including governing law, jurisdiction, and entire agreement

Optional Sections

1. Security Measures: Specific security protocols for handling confidential information, recommended when dealing with highly sensitive data

2. Data Protection Compliance: Specific obligations relating to personal data under PDPA, required when confidential information includes personal data

3. Non-Solicitation: Restrictions on soliciting employees or customers, useful when parties are competitors or in similar industries

4. Intellectual Property Rights: Clarification of IP ownership and rights, important when confidential information includes IP

5. Export Control: Compliance with export control laws, necessary when dealing with international parties or regulated technologies

6. Competitive Restrictions: Additional restrictions on competitive activities, useful in business sale contexts

7. Force Majeure: Provisions for unforeseen circumstances, recommended in long-term NDAs

Suggested Schedules

1. Schedule 1 - Description of Permitted Purpose: Detailed description of the specific purpose for which confidential information may be used

2. Schedule 2 - Specific Confidential Information: Detailed list or categories of confidential information covered, useful when specific items need to be enumerated

3. Schedule 3 - Authorized Representatives: List of authorized representatives who may access confidential information, recommended for highly sensitive information

4. Schedule 4 - Security Protocols: Specific security measures and protocols, optional for highly sensitive information

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓÆµ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions
















Clauses





















Relevant Industries

Technology

Manufacturing

Healthcare

Financial Services

Professional Services

Education

Real Estate

Retail

Research & Development

Entertainment

Energy

Telecommunications

Biotechnology

Construction

Automotive

Relevant Teams

Legal

Business Development

Executive Leadership

Human Resources

Research and Development

Finance

Operations

Information Technology

Procurement

Strategy

Sales

Corporate Development

Product Development

Mergers and Acquisitions

Innovation

Relevant Roles

Chief Executive Officer

Business Development Manager

Legal Counsel

Chief Financial Officer

Project Manager

Research Director

Human Resources Director

Chief Technology Officer

Operations Manager

Investment Manager

Procurement Manager

Strategy Director

Sales Director

Chief Operating Officer

Innovation Manager

Industries







Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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